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Sifu is right...
In a market downtrend, all stocks, regardless of superb
prospects and fundamentals, can drop like sheet in the
course of time... On the other hand, in a super bull run,
even the cats-and-dogs stocks surge like nobody's business...
Sgshares ( Date: 15-Aug-2011 14:30) Posted:
| Which counters are not being sold down heavily during this period? Generally ALL
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C& O not sold down, if the takeover bid doesn't goes thru, it probably will.
:p
Sgshares ( Date: 15-Aug-2011 14:30) Posted:
| Which counters are not being sold down heavily during this period? Generally ALL
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Which counters are not being sold down heavily during this period? Generally ALL
The earnings reported is good and the metro lines in China is expanding in a very fast pace.
I am still puzzled why this counter is sold down so heavily by BBs since the High Speed Rail accident as MIDAS does not have any biz in dealing with HSR.
Good Luck :p
iPunter ( Date: 15-Aug-2011 13:47) Posted:
Your cheer must be solid and Oooommphy!...
Like this... " Chiong Aaaaaaaaaaarrrrrrrhhhhh!!!" ...lol ...
xing78 ( Date: 15-Aug-2011 13:40) Posted:
I cheering for 0.525 hopefully. :p |
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look like something good coming.
Your cheer must be solid and Oooommphy!...
Like this... "
Chiong Aaaaaaaaaaarrrrrrrhhhhh!!!" ...lol ...
xing78 ( Date: 15-Aug-2011 13:40) Posted:
I cheering for 0.525 hopefully. :p
EdwardLiu ( Date: 15-Aug-2011 13:33) Posted:
| Yes. Resistance @0.42 crossed. Lets cheer all the up to gap @0.4 |
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I cheering for 0.525 hopefully. :p
EdwardLiu ( Date: 15-Aug-2011 13:33) Posted:
Yes. Resistance @0.42 crossed. Lets cheer all the up to gap @0.49
Sgshares ( Date: 15-Aug-2011 13:20) Posted:
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Yes. Resistance @0.42 crossed. Lets cheer all the up to gap @0.49
Sgshares ( Date: 15-Aug-2011 13:20) Posted:
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cheong now
EdwardLiu ( Date: 15-Aug-2011 10:35) Posted:
At least you still get the bones.
Joe2020 ( Date: 15-Aug-2011 10:33) Posted:
Why looking for the Liveth among the dead?
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At least you still get the bones.
Joe2020 ( Date: 15-Aug-2011 10:33) Posted:
Why looking for the Liveth among the dead?
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Why looking for the Liveth among the dead?
SGX will not ban short selling :
1) To show Singapore is still very confident.
2) No shorting means less revenvue for SGX.
When SGX ban shorting, it means stock crashes.
JustinQuek ( Date: 15-Aug-2011 02:24) Posted:
Just another 2 cents on my outlook for Midas.
Its the BB that moving up the price or down . When sell Millions of shares at one go.Price will get hit de.Already so many countries ban short selling.Apparently now its the shortists at work here.Once they are done price is going to shoot back up.
Lets hope midas goes to 44 cents by tmr. Then it would have broken resistance
Midas will not go below 20 cents . Thats for sure. I am looking forward to 2012 where they get this 40 percent boost to their production probably much more profit growth.
Looks good company.Anyway i got enough money to dollar average if it keeps dropping. |
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Resistance at 0.42 very strong. Market cautious. Looks like difficult to break today.
Hope Dow futures keep green and Europe open green green afternoon.
For a stock that has dropped a lot from its highest peak,
further drops results in bigger and bigger losses in terms
of percentage loss, assuming one keeps the principal
amount constant by topping up the losses with
one's money. Averaging has the same effect as
such topping up, though usually manifold,
as people tend to 'fight the market' aggressively....
JustinQuek ( Date: 15-Aug-2011 02:24) Posted:
Just another 2 cents on my outlook for Midas.
Its the BB that moving up the price or down . When sell Millions of shares at one go.Price will get hit de.Already so many countries ban short selling.Apparently now its the shortists at work here.Once they are done price is going to shoot back up.
Lets hope midas goes to 44 cents by tmr. Then it would have broken resistance
Midas will not go below 20 cents . Thats for sure. I am looking forward to 2012 where they get this 40 percent boost to their production probably much more profit growth.
Looks good company.Anyway i got enough money to dollar average if it keeps dropping. |
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Just another 2 cents on my outlook for Midas.
Its the BB that moving up the price or down . When sell Millions of shares at one go.Price will get hit de.Already so many countries ban short selling.Apparently now its the shortists at work here.Once they are done price is going to shoot back up.
Lets hope midas goes to 44 cents by tmr. Then it would have broken resistance
Midas will not go below 20 cents . Thats for sure. I am looking forward to 2012 where they get this 40 percent boost to their production probably much more profit growth.
Looks good company.Anyway i got enough money to dollar average if it keeps dropping.
Always buy within your means. Also don't any how average down if the company does not has the quality of good mgmt,good business growth,good cash flow,making good profits,pays dividends every year,low PE, directors buying back shares etc.
Penny stock longer term can generate better returns than blue chips if they have qualites of those I hv mentioned above..
Trade cautiously. Be responsible to yourself and also manage your financial well.At the end of the day is your own hard earn money.
iPunter ( Date: 13-Aug-2011 20:45) Posted:
Averaging down is so commonly practised that it would be
unthinkable if less people do it. If one does not need
money, averaging down is an exciting game. But
those who can't stand the thought of making
their losses bigger and bigger will never do it...
New123 ( Date: 13-Aug-2011 20:13) Posted:
| Yes I am still holding on for long (bought some at 92.5 cents, 81 cents,67 cents and buying some more)as this counter has good business growth especially where China will be expanding aggressively to others states.. Current mishaps/accidents is a learning incident to raise their higher safety standard for operating trains. Believe this will past soon and you will see this counter shine... Current low price is a golden opportunity not to be missed. |
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Averaging down is so commonly practised that it would be
unthinkable if less people do it. If one does not need
money, averaging down is an exciting game. But
those who can't stand the thought of making
their losses bigger and bigger will never do it...
New123 ( Date: 13-Aug-2011 20:13) Posted:
Yes I am still holding on for long (bought some at 92.5 cents, 81 cents,67 cents and buying some more)as this counter has good business growth especially where China will be expanding aggressively to others states.. Current mishaps/accidents is a learning incident to raise their higher safety standard for operating trains. Believe this will past soon and you will see this counter shine... Current low price is a golden opportunity not to be missed..
rotijai ( Date: 13-Aug-2011 14:42) Posted:
i really respect those who still dare to long this counter..
when it first dropped from 70 cents to 60 cents.. the first group of ppl, even master isolator said it will rebound from 60+.. then when it broke 63.. master isolator cut loss and it dipped below 60.. the first group of ppl also disappeared..
when it's at 55+.. 2nd group of ppl cheered for this stock, saying tat the fundamental is great.. railway is still bullish in china... but when it dropped to 50+, the 2nd group of ppl disappeared too..
when it's at 45+.. 3rd group of ppl cheered again.. saying tat it's cheap.. a great bargain.. 100% upwards profit to $1..etc when it dropped below 40 cents this week.. this group's gone also
now we are at 40+.. 4th group of ppl coming again.. will it really rebound from here |
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There could be a paradigm shift for the next crash.
Decoupling theory between the West and the East from the last crash in 2008 will re-surface again.
You will see for the first time ever that the number of millionaires in Asia Pacific exceeds Europe and possibly North America.
Did " Botak" Ben says the FED is going to keep the interest rate low at near zero for the next couple of years?
How much lower does the USD need to drop against the Asian currency before China cash in on her Dollar reserves and stops lending money to US?
bryansng ( Date: 13-Aug-2011 18:56) Posted:
history may not repeat itself but its definitely going to be a good catch if it follows the aftermath of lehman brother crash.
Sgshares ( Date: 13-Aug-2011 17:45) Posted:
Many people like this counter Yongnam too, some say defensive stock, good prospect, etc ....during Lehman Brother crash....the price dropped to $0.08 only. What's now? Up 250% since then. If you are holding to good fundamental counters, your desired price will be back again... dont worry too much
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Yes I am still holding on for long (bought some at 92.5 cents, 81 cents,67 cents and buying some more)as this counter has good business growth especially where China will be expanding aggressively to others states.. Current mishaps/accidents is a learning incident to raise their higher safety standard for operating trains. Believe this will past soon and you will see this counter shine... Current low price is a golden opportunity not to be missed..
rotijai ( Date: 13-Aug-2011 14:42) Posted:
i really respect those who still dare to long this counter..
when it first dropped from 70 cents to 60 cents.. the first group of ppl, even master isolator said it will rebound from 60+.. then when it broke 63.. master isolator cut loss and it dipped below 60.. the first group of ppl also disappeared..
when it's at 55+.. 2nd group of ppl cheered for this stock, saying tat the fundamental is great.. railway is still bullish in china... but when it dropped to 50+, the 2nd group of ppl disappeared too..
when it's at 45+.. 3rd group of ppl cheered again.. saying tat it's cheap.. a great bargain.. 100% upwards profit to $1..etc when it dropped below 40 cents this week.. this group's gone also
now we are at 40+.. 4th group of ppl coming again.. will it really rebound from here?
iPunter ( Date: 13-Aug-2011 12:54) Posted:
Hahaha...
You shoul d add this ==>  ...lol...
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